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Jan 1, 2013
01/13
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the first speech he gave joint session of congress education, energy and healthcare. he is in part on his way. going to revolutionize the country. he he doesn't care. when we heard that what he said this afternoon, he he was mocking the idea of cutting spending and then he said i'm going to stand up for seniors and all the others will be heard. this is an annall of this is dot care if we go over the cliff or not. he thinks he wins either way. he is not going to bend on spending in the future. >> bret: down the road, does this mini deal come together tonight, tomorrow? >> i think it likely will and i think it's likely the house will reject it. >> i don't know because i didn't think we were going to go over the cliff. >> bret: and here we are. >> here we are. i was wrong about that. i would hope that they would be able to work something out and be able to get something done before we actually officially. see the results in the market. try to get it done. hawaii. fiscal cliff hasn't touched them yet. so, i think we go over the cliff and then the bunji cord attached to ou
the first speech he gave joint session of congress education, energy and healthcare. he is in part on his way. going to revolutionize the country. he he doesn't care. when we heard that what he said this afternoon, he he was mocking the idea of cutting spending and then he said i'm going to stand up for seniors and all the others will be heard. this is an annall of this is dot care if we go over the cliff or not. he thinks he wins either way. he is not going to bend on spending in the future....
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Dec 31, 2012
12/12
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for example, i'm willing to reduce our medicare bills by finding ways to reduce the cost of healthcare in this country. that's something we should all agree on. wasn't to make sure that medicare is there for future generations. but kufrcurrent trajectory is s high that we have to make sure it is sustainable. that kind of reform has to go hand in hand with doing more work to reform our tax code. so that wealthy individuals, biggest corporations can't take advantage of loop holes and deductions that aren't available to most of the folks standing up here. aren't available to most americans p there is still more work to be done in the tax code to make it fair even as we are also looking at how we can strengthen something like medicare. now, if republicans think that i will finish the job of deficit reduction through spending cuts alone and you hear that sometimes coming from it, that after today, we are just going to try to shove only spending cuts down -- well, shove spending -- shove spending cuts at us, that will hurt seniors, or hurt student, or hurt middle class families, without aski
for example, i'm willing to reduce our medicare bills by finding ways to reduce the cost of healthcare in this country. that's something we should all agree on. wasn't to make sure that medicare is there for future generations. but kufrcurrent trajectory is s high that we have to make sure it is sustainable. that kind of reform has to go hand in hand with doing more work to reform our tax code. so that wealthy individuals, biggest corporations can't take advantage of loop holes and deductions...
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Jan 2, 2013
01/13
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CNBC
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that added healthcare tax, obama care tax as some call it, 3.8% on investment income, that remains and the real tax on investments is 23.will%. but that was going to happen regardless of the cliff. it did make one thing clear, and that is that the tax system still rewards investors over the plain old working stiff wealthy. which is why we may see a strong market. >> thank you very much, appreciate it. >> thank you. >> tyler, back to you. >> is washington really ready to tackle spending cuts? they weren't apart of this deal? andy friedman, one of the country's foremost experts on taxes and all things washington, andy, welcome back opinion you were dead on in your analysis of of what would happen on the cliff. you said we would go over it for maybe a little while. it seems this is an exercise in part on where the political leverage lay. as we now turn to the spending part of the equation, it seems to me that the leverage is more on the side of the gop than the debate just closed. do you agree? >> absolutely. you stated quite correctly, tyler. >> before the president was playing in the ho
that added healthcare tax, obama care tax as some call it, 3.8% on investment income, that remains and the real tax on investments is 23.will%. but that was going to happen regardless of the cliff. it did make one thing clear, and that is that the tax system still rewards investors over the plain old working stiff wealthy. which is why we may see a strong market. >> thank you very much, appreciate it. >> thank you. >> tyler, back to you. >> is washington really ready to...
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Jan 2, 2013
01/13
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this is incredible the pennsylvania department of public healthcare says that a single mother with two children is better off taking a job that pays $29,000 a year than a job that pays $69,000 a year. why? because of entitlements. joining us from our fox anchor stewio lou dobbs. explain this for us, please. we have got to give great credit to the public pennsylvania. i know then federal government as do you would listen. think abouigt these benefits being receiveded by this woman. 25,000 and take home salary of $57,000, you add to that go through whether it's child care or whether it is transportation. two children in pennsylvania. foot stamps amounts to a subsidy of $6,300 a year to that family of three. medicare and child health insurance. $16,500 a year. section 8 subsidized, low income rent. another 4300. s earned income tax credits. modestly $5,000. they could rismoe significantly beyond that but at any rate. they would total so much money, combined with the -- national school lunch m program, needy family assistance programs, we're talking about more take home pay, disposable inc
this is incredible the pennsylvania department of public healthcare says that a single mother with two children is better off taking a job that pays $29,000 a year than a job that pays $69,000 a year. why? because of entitlements. joining us from our fox anchor stewio lou dobbs. explain this for us, please. we have got to give great credit to the public pennsylvania. i know then federal government as do you would listen. think abouigt these benefits being receiveded by this woman. 25,000 and...
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Jan 2, 2013
01/13
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financials, insurers, healthcare? we want it tweet you so tweet us our top trade at cnbcfastmoney. get traders to react as well. >> thanks so much. see you at 5:00. i know you want to talk with the traders. final trades up next. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouti
financials, insurers, healthcare? we want it tweet you so tweet us our top trade at cnbcfastmoney. get traders to react as well. >> thanks so much. see you at 5:00. i know you want to talk with the traders. final trades up next. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us....
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Jan 3, 2013
01/13
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CURRENT
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you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. >> eliot: americans rejoiced last night when they heard the news they would never have to hear the phrase fiscal cliff again. but while congress reached a deal that was welcomed by most, it was unclear what was involved in the deal and why the taxes will be wally by $1,200. the sequestration and debt ceiling both being punted down the road, it looks like the fiscal fight has just begun. with the nuts and bolts i'm joining by joe wiesenthal. what does this all mean? the president went out and did a press conference saying 99% of the public will have their tax gas down. wasn't he wrong? >> it's a funny thing where you can decide if it's a tax cut or tax increase relative to what people paid in 2012. they'll be paying a little more due to the expiration of
you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. >> eliot: americans rejoiced last night when they heard the news they would never have to hear the phrase fiscal cliff again. but while congress reached a...
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Jan 3, 2013
01/13
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CURRENT
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you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. >> eliot: the 112th congress mayhave ended on a note of sound and fury but as shakespeare said it might have signified nothing. barbara lee of california, a member of the house budget committee, congresswoman, as always, thank you for joining us. >> happy to be with you eliot. >> eliot: a lot of excitement at the end of the session. you voted for the fiscal cliff agreement. explain to us why what you saw in it, and what you're worried about it that might have made you hesitate? >> eliot, clearly this was not a perfect bill. i voted for it because i believed that the positive and good parts of this bill outweighed what i considered some of the very question aspects of it. i voted for it, first of all i could not allow the 2 million people who are on unemp
you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. >> eliot: the 112th congress mayhave ended on a note of sound and fury but as shakespeare said it might have signified nothing. barbara lee of california, a...
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Dec 28, 2012
12/12
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other healthcare companies as well and environmental companies such as waste management and republicans industries. these are the company's that get 50% or more of their sales from government contracts. when you see spending cuts coming you can imagine they will have to be dialing back on their own capital investment. adam: we are talking about cuts right now but then we have tax hikes. people have less money immediately. some of these will play out over the next few months. people who might lose their jobs won't lose immediately but all of us have less many come january 1st to spend and as we spend less money there are a bunch of companies not on that list, retailers, the money won't be out there. adam: talk to goldman sachs or barkleys too, looking at all sectors and trying to rank sectors that will get it the most and the worst, basically treasury secretary tim geithner put out the word, tax filing season will be delayed, tax refunds will be delayed, consumers won't have that money in their pockets and consumer conference is sagging but there's optimism always in the u.s. financial m
other healthcare companies as well and environmental companies such as waste management and republicans industries. these are the company's that get 50% or more of their sales from government contracts. when you see spending cuts coming you can imagine they will have to be dialing back on their own capital investment. adam: we are talking about cuts right now but then we have tax hikes. people have less money immediately. some of these will play out over the next few months. people who might...
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Dec 31, 2012
12/12
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FOXNEWSW
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the republicans have been down this road before with healthcare and stimulus where the democrats say there is a crisis. the date is looming and you must vote. you don't have an opportunity for the cbo to score a bill. you don't have the opportunity to read a bill, digest and debate a bill. there is a lot of procedure here that has yet to be done. we shouldn't vote on something that's a bad deal. this is a bad deal for the american people. the fact that the president is coming out not to announce a deal but to negotiate through the media is ridiculous. he should get in his car and go to capitol hill and meet with the members to craft a deal if he can. i think the president coming out to upon i if i kate and lecture and scold is not helpful to the process. rich these people are being brought out to stand behind the president when he makes his remarks. we have been given the 2-minute warning. we have seen the president do this before, bring in ordinary americans that would be impacted adversely were a deal not to be reached. we are expecting the president. his leadership on this issue,
the republicans have been down this road before with healthcare and stimulus where the democrats say there is a crisis. the date is looming and you must vote. you don't have an opportunity for the cbo to score a bill. you don't have the opportunity to read a bill, digest and debate a bill. there is a lot of procedure here that has yet to be done. we shouldn't vote on something that's a bad deal. this is a bad deal for the american people. the fact that the president is coming out not to...
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Dec 26, 2012
12/12
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she says her2 2 employees not only still have jobs, now she can afford to get them healthcare. and that's a fox watch across america i'm jamie colby in for shepard smith. one week to go before the country topples over the fiscal cliff. now we are hearing that both president obama and and john boehner are preparing to get back to washington. if they can't work out an agreement and we go over the fiscal cliff it of course will mean smaller paychecks and automatic hefty spending cuts. according to economists possibly another recession. with just days until that deadline, time to cut a deal is rapidly running out. ed henry with the president in honolulu, hawaii. ed, as we get this news. possibly the president leaving his vacation early? >> that's right, jamie. we are now learning from an administration official that it is likely the president will be leaving hawaii tomorrow. probably in the evening to get back to washington early thursday. possibly meet with congressional leaders. start working the phones, trying to move this forward because, frankly, when you talk to administratio
she says her2 2 employees not only still have jobs, now she can afford to get them healthcare. and that's a fox watch across america i'm jamie colby in for shepard smith. one week to go before the country topples over the fiscal cliff. now we are hearing that both president obama and and john boehner are preparing to get back to washington. if they can't work out an agreement and we go over the fiscal cliff it of course will mean smaller paychecks and automatic hefty spending cuts. according to...
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Dec 29, 2012
12/12
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zero heartbur occasion owned craft store locked in battle over healthcare. hobby will by says the healthcare mandate forces his company to provide morning after pill to his employees a move he clasms violates his religious beliefs. he may be importanced to pay a fee of $1.3 million per day. joining us now for the american senator of law and justice jordan. good morning to you. >> good morning, dave. >> dave: they will be fined if the government chooses $1.3 million a day for not going along with obama care. why? >> that's how the law is written. and this mandate is written so that if they don't provide abort fascia's that's what they're opposed to the in hha mandate. some opposed to abortions. hobby lobby don't want to pay for abortion pills cord under the hh mandate. they will be penalized again for what costs roughly a couple of dollars per person maybe a month in their nrch plan. $100 for each of the 13,000 employees they have. just not it not giving their employees access to for free at no cost and no co-pay abort faces. that's what's at issue here. this
zero heartbur occasion owned craft store locked in battle over healthcare. hobby will by says the healthcare mandate forces his company to provide morning after pill to his employees a move he clasms violates his religious beliefs. he may be importanced to pay a fee of $1.3 million per day. joining us now for the american senator of law and justice jordan. good morning to you. >> good morning, dave. >> dave: they will be fined if the government chooses $1.3 million a day for not...
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Dec 26, 2012
12/12
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FBC
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hewlett-packard doing nicely with bank of america being a top winner but on the down sides, united healthcare and boeing have been under pressure. we have seen j and j and pfizer going back and forth and microsoft had a down arrow earlier. there's a look at the nasdaq down nearly 1% and below the 3,000 mark again as well. this is the environment. certainly commodities and people talk about oil, oil is up $2 and off of highs earlier today, that is a major factor in this market. dennis: more to the next big government bailout than meets the eye. liz macdonald tells us the white house is backing a plan to help out underwater mortgages and not just for government underwritten loans. shibani: let's take a look if you own these stocks on the nasdaq you are making money today. research in motion, netflix, a lot. dennis: the christmas movie box office cannot non-violent are rated westerns by quentin tarantino against a broadway musical based on a nineteenth century novel, was miserables and the musical won. universal's less miserables broken 18.one million dollar guarantees, tarantino break-in $15 mi
hewlett-packard doing nicely with bank of america being a top winner but on the down sides, united healthcare and boeing have been under pressure. we have seen j and j and pfizer going back and forth and microsoft had a down arrow earlier. there's a look at the nasdaq down nearly 1% and below the 3,000 mark again as well. this is the environment. certainly commodities and people talk about oil, oil is up $2 and off of highs earlier today, that is a major factor in this market. dennis: more to...